The brokerage of 5paisa Max Rs 10 per trade while the brokerage of TradeSmart Max Rs 15 per trade. Both the brokers are Discount Brokers. Overall rating for both the brokers are also equal with rating 4 out of 5.
Here we present side-by-side comparison of 5paisa vs TradeSmart share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared 5paisa vs TradeSmart's on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options provided to Share Brokers in India. This will help you in make up your mind and clear things for you so that you can choose the best broker for youself. We also help our visitors with account opening.
|Broker Type||Discount Broker||Discount Broker|
|Exchanges Supported||BSE, NSE||BSE, NSE, MCX, NCDEX|
|Broker Overview||5paisa Capital Ltd, a financial service provider powered by IIFL, offer services like the full service broker at a discounted price. 5paisa is more than a simple broker for you as they not only provide trading across different segments but also offer...||TradeSmart, on the whole, provides clients a well-rounded offering worth being a client for, especially with its mix of brokerage plan choice (flat fee or percentage based), secure & fast trading tools and active customer support.|
In this section we have compared 5paisa with TradeSmart on trading & demat account opening charges and AMC. Trading account opening charges - 5paisa charges Rs 650 (Free Now Promotion Offer) for account opening where TradeSmart charges Rs 200 for account opeing. Demat AMC charges - 5paisa charges Rs 45 PM if Trade, else Zero AMC for Demat account where TradeSmart charges Rs 300 PA AMC for Demat account.
|Trading Account Opening Fees||Rs 650 (Free Now Promotion Offer)||Rs 200|
|Demat Account Opening Fees||Free||Rs 200|
|Demat AMC||Rs 45 PM if Trade, else Zero||Rs 300 PA|
|Provide DP Service|
Plans are the most important feature you look when compare 5paisa with TradeSmart. This section copare on high level about type of plans offered by brokers. Miltiple Plans - TradeSmart provides Multiple Plans where 5paisa doesn't offer Monthlay Plans - Both the brokers don't have Monthly Plans.
|Account Opening Request|
5paisa Brokerage Plan detail - 5paisa is a discount broker, which charges a flat fee of Rs 10 per executed order for Equity Cash, Equity F&O, Currency & Commodities. This is the lowest brokerage plan offered by the best brokerage house in India.
TradeSmart Brokerage Plan detail - 15 Rs Flat-rate power plan is good for big volume trader. This plan is good for traders who are not doing frequent trades but doing volume trade. This plan comes with up to 30x exposure on Equity.
|Brokerage Charges Compare||5paisa||TradeSmart|
|Plan Name||Flat Fee Rs 10 Trading Plan||Flat Fee Rs 15 Trading Plan (Power Plan)|
|Equity Delivery||Flat Fee Rs 10||Flat Fee Rs 15|
|Equity Intraday||Flat Fee Rs 10||Flat Fee Rs 15|
|Equity Futures||Flat Fee Rs 10||Flat Fee Rs 15|
|Equity Options||Flat Fee Rs 10||Flat Fee Rs 15|
|Currency Futures||Flat Fee Rs 10||Flat Fee Rs 15|
|Currency Options||Flat Fee Rs 10||Flat Fee Rs 15|
|Commodity Trading||Flat Fee Rs 10||Flat Fee Rs 15|
|Funding||Yes - 18% interest PA||No|
|Call & Trade Charges||Rs 100 per call(No limit of orders)||Rs 20 per executed Order|
|Brokerage Calculator||Brokerage Calculator for 5paisa||Brokerage Calculator for TradeSmart|
|SPAN Margin Calculator||SPAN Margin Calculator for 5paisa||SPAN Margin Calculator for TradeSmart|
Compare 5paisa with TradeSmart on transaction charges and PCM fee by segment.
|Transaction Charges Compare||5paisa||TradeSmart|
|Equity Delivery||Rs 325 Per Cr||Rs 350 Per Cr|
|Equity Intraday||Rs 325 Per Cr||Rs 350 Per Cr|
|Equity Futures||Rs 190 Per Cr||Rs 240 Per Cr|
|Equity Options||Rs 5000 Per Cr||Rs 7150 Per Cr|
|Currency Futures||Rs 110 Per Cr||Rs 165 Per Cr|
|Currency Options||Rs 4000 Per Cr||Rs 6000 Per Cr|
|Commodity||NA||Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr|
|Brokerage Charges||Complete Brokerage Plans for 5paisa||Complete Brokerage Plans for trade-smart-online|
Compare 5paisa with TradeSmart on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - both the brokers offers 2-in-1 account which includes trading and demat account. Algo Trading - both offers Algo tradig/Automated Trading/Robotic trading/Program Trading for equity. Margin Funding - 5paisa offers margin funding where TradeSmart doesn't offers margin funding. NRI Trading - both doesn't offer NRI Trading facility.
|Account Features Compare||5paisa||TradeSmart|
|3 in 1 Account|
|Margin Trading Funding Available|
|Combined Ledger for Equity and Commodity|
|Intraday Square-off Time||3:15 PM||3:15PM|
With our expert research team, we have compared all the major features of Trading platform b/w 5paisa and TradeSmart. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided link for mobile app to download and demo links for easy access.
|Trading Platform Compare||5paisa||TradeSmart|
|Desktop Trading Platform||5paisaTradeStation||NEST Trader & Fox Trader|
|Desktop Demo||Desktop Demo||Desktop Demo|
|Desktop Platform (Windows)|
|Desktop Platform (Mac)|
|Web Trading Platform|
|Web Trading Detail||https://www.5paisa.com/online-trading||https://sine.tradesmartonline.in/userMaster/login|
|Web Trading Demo||Web Trading Demo||Web Trading Demo|
|Mobile Trading App||5paisa Mobile App||Sine|
|Mobile Trading App Demo||5paisa Mobile App Demo||Sine Demo|
|Android Mobile App|
|Android App Download||Andriod 5paisa Mobile App Download||Andriod Sine Download|
|iPhone Mobile App (IOS)|
|iOS App Download||iOS 5paisa Mobile App Download||iOS Sine Download|
|Android Tablet App|
|iPad App (IOS)|
|Trading Software Charges||Free||Free|
|Equity Brokerage Calculator||Equity Intraday and Delivery Brokerage Calculator for 5paisa||Equity Intraday and Delivery Brokerage Calculator for TradeSmart|
|Futures Brokerage Calculator||Futures Brokerage Calculator for 5paisa||Futures Brokerage Calculator for TradeSmart|
|Options Brokerage Calculator||Options Brokerage Calculator for 5paisa||Options Brokerage Calculator for TradeSmart|
|Detail||Detail on Trading Platforms for 5paisa||Detail on Trading Platforms for trade-smart-online|
|22 Customer Reviews||34 Customer Reviews|
|Trading Brokerage Rating|
|Trading Platform Usability|
|Customer Service Ratings|
|Broker Rating||5paisa is Rated 3.4 / 5 based on 22 customer reviews||TradeSmart is Rated 4.0 / 5 based on 34 customer reviews|
Compare 5paisa with TradeSmart on Investment Offerings like Online IPO Application, Equity Cash and F&O, Currency, Commodity Trading, Mutual Funds Investment, Bonds/NCD, EFT, Banking, Insurance, Forex Trading, Mutual Funds SIP, Equity SIP, PMS Services. Equity and Equity deravitives - both brokers offers trading/investment options in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - both brokers offers trading options in Commodity (MCX). Online Mutual Fund Investment - 5paisa offers online mutual fund investment option where TradeSmart doesn't offer. Portfolio Management Services (PMS) - both the brokers don't have PMS Service.
|Investment Offerings Compare||5paisa||TradeSmart|
|Equity Cash and F&O|
|Online IPO Application|
|Bond / NCD|
|MF SIP Investment|
|Equity SIP Investment|
|Other Investment Options||NIL||NIL|
Order Type - Compare 5paisa with TradeSmart on offerings of order types. All the broker provide CNC Order, MIS Order, NRML Order. Differance comes with advance order typle like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - both brokers provides Cover Orders (CO). You can trade in equity and index derivatives using Cover Orders. Cover Orders (CO) is placed an compulsory stop loss and this is a intraday position. With cover order broker give you additional margin, as this order are placed with compulsory SL. Bracket Orders (BO) - both brokers provides Bracket Orders (BO). You can trade in equity and index derivatives using bracket Orders. With the name its cleare in Bracket orders you lock in a profit by bracketing an order with two opposite-side orders. A BUY order is bracketed by a high-side sell limit order and a low-side sell stop order. You will get higher margin in bracket order as you are limiting your losses. After-market Orders (AMO)- both offers AMO facility. The orders are send to exchange on the next trading day. GTC Orders- 5paisa offers Good Till Cancelled (GTC) orders where TradeSmart doesn't support Good Till Cancelled (GTC) orders.
|Order Type Compare||5paisa||TradeSmart|
|AMO-After Market Orders|
|GTC-Good Till Cancelled|
Comapre 5paisa with TradeSmart on Exposure/Margin offered by broker. We have compared Margin/Exposure in Equity Delivery, Intraday Products, Futures, Options, Equity Cover Orders, Futures & Options Cover Orders and Commodity Trading.
|Margin Product Compare||5paisa||TradeSmart|
|Equity Delivery Margin||Up to 3.5x via Margin Funding.||Up to 1x Margin on Equity Delivery.|
|Equity Intraday Margin||Up to 20x leverage for equity.||Up to 10x leverage for equity intraday.|
|Futures Margin||Up to 3x leverage (of NRML Margin) for futures.||Up to 3x leverage for equity futures intraday (MIS).|
|Options Margin||Up to 3x margin (of NRML Margin) for options shorting, no leverage for option buying.||Up to 3x for Index options selling, no leverage on options buying.|
|Equity CO Margin||Up to 33x margin/leverage in CO order for selected equity scripts.||Up to 30x leverage for equity CO.|
|Futures CO Margin||Up to 33x margin/leverage (of complete order) in CO order for futures contracts.||Up to 7x leverage on equity/Index futures CO.|
|Options CO Margin||Info Not Available||Up to 7x leverage on options selling and 1.33x for options buying via CO.|
|Commodity Margin||Up to 20x leverage for commodity.||Up to 2x on commodity MIS, and up to 6x for CO.|
Compare 5paisa with TradeSmart on customer service offered by the broker. This section compare type of service offered by each broker for quick resoluation for queries/issue you have.
|Customer Service Compare||5paisa||TradeSmart|
|24/7 Customer Service|
|Onine Live Chat|
|Toll Free Number|
|Customer Care Number||"+91 89766 89766"||022 61208000/42878000|
|Account Opening Process||Online/Paperless||Online/Paperless|
|Customer Support Email||[email protected]||[email protected]|
|Head Office Address||5paisa headquater
Sun Infotech Park, Road No.
16V, Plot No.B-23 Thane
Industrial Area, Wagle Estate,
Thane - 400604
|Trade Smart Online,
Marol Maroshi Road,
Mumbai, MH 400059
Compare 5paisa with TradeSmart on research reports and tips provided by broker.
|Research Mutual Funds|
|Research Equity Reports|
|Daily Market Report|
|Quarterly Result Analysis|
Compare 5paisa with TradeSmart on Demat Service and Charges. This section cover about demat charges, demat service and other details
|Demat Account Annual Maintenance Charges(AMC)||Rs 45 PM when trade, else Zero- Now charging monthly, No dependency on holdings||Rs 300(Individual), Rs.800 (Corporate)|
|Statutory charges||NIL||At Actual|
|Transaction Charges on Debit (Per ISIN)||0.025% or Rs. 25 whichever is Higher||Rs. 25 minimum or 0.02% which ever is higher.In case of BSDA Rs.50 or 0.02% whichever is higher.|
|Demat||Rs 15/- per cert + Rs 40/- as postal charges||Rs. 500 per certificate per market lot of 100 shares or less and minimum Rs. 500 per request.|
|Remat||Rs 15/- per certificate, or Rs.15 for every 100 securities or part thereof whichever is higher plus Rs 40/- per request towards postal charges||Rs. 500 per certificate per market lot of 100 shares or less and minimum Rs. 500 per request.|
|Pledge Creation||Rs 50/-||Rs. 200 per scrip|
|Pledge Creation Confirmation||NIL||Nil|
|Pledge Closure||NIL||Rs. 200 per scrip|
|Pledge Closure Confirmation||NIL||Nil|
|Pledge Invocation||NIL||Rs. 200 minimum or 0.01% which ever is higher|
|Failed Instruction Charges||NIL||Nil|
|Other Charges||Postal Charges Rs 40||Late instruction .1% scrip value, For requisitioning physical transaction statement Rs. 50 per BO statement plus courier charges|
Compare 5paisa with TradeSmart on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.
|Pay In and Pay Out Options||Pay-in/adding funbds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from 5Paisa trader or Back Office.
Pay-out/Fund Withdrawal - Bank Transfer only
|Pay-in/adding funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from SIGN Mobile, SIGN Web and NEST Software.
Pay-out/Fund Withdrawal - Bank Transfer only.
|Payout Time||Max 24 hrs except bank holidays||Up to 24 Hrs except Bank Holidays.|
|Bank Supported and Charges||Around 23 banks allow instant credit facility(Payment Gateway) with charges of Rs 9 from 5paisa trading platforms.||Around 28 banks allow instant credit facility(Payment Gateway) with charges of Rs 8 + GST from TradeSmart trading platforms.|
Bank and Branch: Yes Bank, CMS National Operating Centre MMR
Account Type: Current Account
IFSC Code: YESB0CMSNOC
|VNS Finance and Capital Services Ltd.,
Bank and Branch: Yes Bank,CMS National Operating Centre MMR
Account Type: Current Account
IFSC Code: YESB0CMSNOC
|Special Offers/Promo||Free Account Opening, Save Rs 650 on your account opening. This is a limited time promotional offer.||Free Account Opening, Rs 400 Waived for a limited time.|
|Enquiry||Enquire about 5paisa||Enquire about TradeSmart|
Last Updated on 2019-07-04T01:57:30+00:00